Plan Snapshot
- Plan Sponsor: Hudson River Inn, LLC
- Sponsor EIN: 371441668
- Sponsor Address: 363 WEST 16TH STREET, NEW YORK, NY, 10011
- Plan Type: 401(k)
- Total Participants: 689
- Total Assets: $3.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 689 | $3.8M | $232,481 | $424,406 |
| 2023 | 630 | $7.7M | $58,678 | $423,812 |
| 2022 | 481 | $7.6M | $46,155 | $335,153 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| EMPOWER LIFE & ANNUITY INSURANCE CO | Recordkeeper | $65,355 | — | $65,355 |
| BDO USA, LLP | Other Service Provider | $27,008 | — | $27,008 |
| THE BENEFIT PRACTICE | Recordkeeper | $14,052 | $3,649 | $17,701 |
| NYLINK INSURANCE AGENCY INC | Investment Advisor | — | $13,535 | $13,535 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $123,599
- Estimated Expense Ratio: 3.217% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $109,009 | — | $109,009 | — | — |
| 2023 | $77,273 | — | $77,273 | — | — |
| 2022 | $83,813 | — | $83,813 | — | — |